|Population||53 million (2017)|
|GDP at PPP (current international dollars)||328 billion (2017)|
|GDP per capita at PPP (current international dollars)||6,139 (2017)|
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In the area of agriculture, Myanmar is coordinating with its GMS partners to increase subregional agricultural trade, while joining efforts to improve food security, address rising energy costs, and develop its production of agri-food products.
Myanmar is one of the GMS countries most vulnerable to climate change, and is working with its subregional partners to increase its climate resilience.
Myanmar has substantial energy resources that could support the expansion of commercial energy production. The government seeks to address climate change concerns by promoting the use of alternative fuels in households, promoting wider use of new and renewable energy sources, and promoting energy efficiency and conservation. Cross-border power connections with GMS neighbors are being developed for the export of hydropower.
Nearly half of Myanmar is covered in forests, and the country enjoys large freshwater and marine resources. The country is a biodiversity hotspot with more than 1,000 bird species and 7,000 different types of plants. Myanmar is working to increase forest protection, and coordinate with its GMS partners on subregional initiatives involving the environment.
In the area of human resource development, Myanmar is working to improve access to education in border areas with vocational training schools, including those specifically serving women. The country is also working with its GMS partners on social protection for children, anti-trafficking initiatives, control of malaria and other communicable diseases, and safe labor migration. Increasing the accessibility to both basic and higher education is a national government goal, as is greater information exchange with GMS partner countries.
Myanmar is modernizing and improving its telecommunications and information communications technology systems. This includes programs for improving international exchange links, and developing rural communications systems. The Government is working to reduce the digital divide and to establish connectivity nationwide.
Myanmar is promoting tourism that generates foreign exchange, creates jobs, and contributes to poverty reduction. The country’s attractions include the iconic Shwedagon Pagoda and Bagan, known as the land of a thousand pagodas. Inlay Lake and Mandalay are also important attractions for visitors. Myanmar cooperates in subregional tourism working groups that facilitate the sharing of expertise with GMS neighbors. Myanmar’s private sector is undergoing dramatic changes. Studies are underway to examine how best to support the development of trade and investment in order to spread its benefits to the poor and vulnerable.
Regulatory reforms that promote private sector investment are being undertaken, and investments are being considered in agriculture, tourism, manufacturing and other sectors. Myanmar is seeking to expand its trade with GMS partners. Myanmar is an important GMS transport link to South Asia.
The government has recognized the importance of improving its domestic transport network, including roads that connect to the subregional corridors. The country also has an extensive rail network, an important deep water port, and a domestic river transport network.
Japan and the five Southeast Asian countries of the Greater Mekong Subregion adopted the Tokyo Strategy 2018 at the 10th Mekong-Japan Summit Meeting in Tokyo on 9 October.
Foreign ministers from Japan and five Mekong nations this month identified areas of cooperation under a new strategy and reviewed the progress of joint projects in the East-West Economic Corridor and Southern Economic Corridor.
Five Mekong River Basin countries have agreed on a 5-year master plan that includes promoting the smooth flow of goods and people in the East-West Economic Corridor and Southern Economic Corridor of the Greater Mekong Subregion.
The Myanmar government recently approved a project that will ensure the completion of the Greater Mekong Subregion East-West Economic Corridor, which stretches from Danang, Viet Nam to Yangon, Myanmar.
The Greater Mekong Subregion Transport and Trade Facilitation Action Program (TTF-AP) is an integrated program of advisory support and capacity building focused on enhancing cross-border transport and trade in the subregion.
YANGON, MYANMAR (27 July 2015) – The Asian Development Bank is supporting the Myanmar Customs Department in developing its Authorized Economic Operators scheme, a new system that will simplify and expedite the release of imported and exported goods.
The Greater Mekong Subregion (GMS) Program, with support from the Asian Development Bank (ADB) and other development partners, has scored impressive gains in promoting regional connectivity over the past 2 decades.